FYI: The five largest stocks in the US equity market are now Technology stocks, and together they make up more than $2.75 TRILLION in market cap. (While Amazon.com’s official sector categorization is Consumer Discretionary, we consider it Tech first and foremost.)
Below is a list of the 25 largest S&P 500 stocks (through 4/25/17). The top five are highlighted in yellow — Apple (AAPL), Alphabet (GOOGL), Microsoft (MSFT), Amazon.com (AMZN), and Facebook (FB). It wasn’t long ago that Exxon Mobil (XOM) was the largest stock in the world, and prior to that, it was General Electric (GE). Now XOM ranks 7th and GE ranks 11th. Brick-and-mortar behemoth Wal-Mart (WMT) also used to rank in the top three, but it has slipped all the way down to 15th with a market cap that’s just over half the size of online competitor Amazon.com.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/mega-tech-market-cap-swells-to-2-75-trillion/
